Apps M Gmail Impor 22/SP-ACCT-330-Q1WW Online HW Score: 50%, 10 of 20 points O Points: 0 of Homework: Module 1 111 =1 Question 3, E2- 21 (similar to) Exercises Part 1 of 4 5 Save Montana Office Products (MOP) produces three different paper products at its Vaasa lumber plant: Supreme, Deluxe, and Regular. Each product has its own dedicated production line at the plant. It currently uses the following three-part classification for its manufacturing costs: direct materials, direct manufacturing labor, and manufacturing overhead costs. Total manufacturing overhead costs of the plant in July 2017 are $200 million ($30 million of which are fixed). This total amount is allocated to each product line on the basis of the direct manufacturing labor costs of each line. Summary data (in millions) for July 2017 are as follows: (Click the icon to view the data.) Read the requirements Requirement 1. Compute the manufacturing cost per unit for each product produced in July 2017. Begin by determining the formula needed to calculate the total manufacturing cost per unit. Total manufacturing cost per unit Requirements d 1. Compute the manufacturing cost per unit for each product produced in July 2017. 2. Suppose that, in August 2017, production was 120 million units of Supreme, 140 million units of Deluxe, and 170 million units of Regular. Why might the July 2017 information on manufacturing cost per unit be misleading when predicting total manufacturing costs in August 2017? Data table Print Done Supreme Deluxe Regular Direct material costs $ 80 $ 51 69 64 Direct manufacturing labor costs $ 14 Manufacturing overhead costs 6 50 9 S 21 $ 25 88 S 62 Units produced 80 100 90 Print Done - X